United States: Elon Musk targeted by an investigation linked to the takeover of Twitter, says the firm

WILMINGTON, Delaware (Reuters) – Elon Musk is facing a federal investigation in the United States in connection with his bid to buy Twitter for $44 billion, the social network said in a court document released on Thursday.

Twitter said it asked several months ago that the businessman’s lawyers disclose the exchanges they had with federal authorities, but that they did not.

The social network has filed a motion for a Delaware judge to order Elon Musk’s lawyers to provide the requested documents.

At the end of September, the lawyers of the boss of Tesla reported documents protected from the seal of confidentiality. According to Twitter, these are drafts of an email sent in May to the policeman of the American stock markets – the Securities and Exchange Commission (SEC) – and a presentation document to the Federal Trade Commission (FTC), the US antitrust authority.

Twitter filed the motion on Oct. 6, the day a court postponed the start of a trial between the social network and Elon Musk to give them more time to finalize the takeover.

Alex Spiro, one of Elon Musk’s lawyers, told Reuters that “these are the Twitter executives who are under federal investigation.” The social network declined a request for comment following this statement.

The SEC and FTC did not respond to requests for comment.

(Reporting Tom Hals, with Sheila Dang and Hyunjoo Jin; written by the Paris bureau)

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